The U.S. attorney in Washington has opened a criminal inquiry into Federal Reserve chair Jerome H. Powell over a $2.5 billion renovation of the Fed’s headquarters and whether he lied to Congress, drawing swift criticism from Republicans, international policymakers, Wall Street and some Trump allies. Jeanine Pirro

The Justice Department has opened a criminal investigation into Jerome H. Powell, the chair of the Federal Reserve, over public statements about a $2.5 billion renovation of the Fed’s headquarters in Washington. For the first time in history, a Fed chair is the subject of a criminal probe,